Sechin thanked the government for its support in the privatization of “Rosneft”

The head of “Rosneft” Igor Sechin expressed gratitude to the President of the Russian Federation Vladimir Putin and the government for support in the implementation of the transaction for the privatization of 19.5% stake in the company.

Earlier Wednesday, Sechin reported to Putin about the completion of the transaction on privatization of 19.5% of Rosneft shares. Buyers and strategic investors has become a consortium of Glencore and the Qatari sovereign Fund. The amount of the transaction amounted to 10.5 billion euros.

“Dear Vladimir Vladimirovich, given the difficult external economic environment and the extremely short for such projects, deadlines, report that the deal was only possible thanks to your personal contribution and the support that we have received from you in the course of this work,” — said Sechin.

“I would also like to note that throughout the process of implementation of the transaction, we were provided with the necessary support from the government of the Russian Federation. On behalf of the company and those involved in it, to Express the words of sincere gratitude,” he added.